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. as 2010 ended, president obama and many democrats in congress, including myself, wanted to extend the tax cuts for middle-class families but let rates on income above $200,000 for an individual and $250,000 for a family revert to the clinton era levels. our senate republican friends filibustered that effort, refusing to allow the middle-class tax cut without a tax cut for the highest incomes as well. their hostage strategy worked that time and the president and senate democrats reluctantly agreed to extend the tax cuts for two more years. so now the two years is up and these tax rates are again set to expire. that's why senate democrats passed the middle-class tax cuts act in july. this measure balanced our desire to keep tax rates low for middle-class families against the urgency of addressing our national budget deficits. by keeping tax rates low for 98% of americans and letting the tax rates go up very modestly for families earning over $250,000 a year, the democratic plan would cut the deficit by as much as a trillion dollars over the next decade. now, that alone doesn't cure our budg
sanitary restrictions. i'm pleased our trade negotiators were able to negotiate a satisfactory trade rate quota for our pork, but this administration under president obama has fallen short in its obligation to stand up with u.s. farmers on these sanitary and phyto-sanitary standards. in other words, using sound science instead of some i illegitimate reason for keeping our products out of russia. i have communicated time and again what i expected of this administration because they have to negotiate for us. in june 2011, i led a bipartisan letter with senators nelson and 26 other senators to ambassador kirk requesting his negotiators follow the steps that we have taken during consideration of the past w.t.o. accessions. so i refer to china and vietnam as examples for this administration to follow. when these countries joined the w.t.o., we use these opportunities to obtain firm sanitary, phyto-sanitary commitments from those countries that went beyond the w.t.o. sanitary, phyto-sanitary agreements. in particular, we obtained further commitments in areas of meat inspection equivalence. in a
is squarely on the shoulders of president obama. it will mean unemployment spiking back up over 9%. it will also mean a whole host tax increases, even beyond the higher tax rates that washington democrats want so badly. americans are also facing big increases in the death tax and the alternative minimum tax, also known as the a.m.t. both of these taxes will go up january 1 unless democrats work with republicans and take action to stop the increases that are already scheduled to occur. now, there's bipartisan agreement that these taxes should not be raised. there is bipartisan agreement that these taxes will do great damage to middle-class families, to family businesses, and to family farms. any effort to stop these harmful tax increases is being held up by the president's insistence on raising tax rates. not just raising more revenue through tax reform and economic growth but, specifically, raising tax rates. now, let's take a look at the death tax. today this tax -- also known as the estate tax -- is set up at a top rate of 35%, with an exception for the first $5.1 million of the
such a deal if that's what's going on in the secret negotiations. president obama campaigned on tax increases just on the wealthy, just on raising their rates, just only $800 billion in tax increases. but now the white house is demanding $1.6 trillion in tax increases. don't the american people have a right to see where those taxes fall, who this will impact and how much they are? shouldn't the president lay out his plan? the president of the united states, the only person who represents everybody in the country, will that remain a secret? will it just be revealed to us on the eve of christmas or eve of the new calendar year and we will be asked to vote for it, to ratify it like lemmings, suppose. asrt -- repeatedlys repeatedly asserted they believe in a $2.50 in spending cuts for every $1 in tax hikes, which does not reflect sufficient tax cuts, frankly. i mean, spending cuts. but if the white house now wants $1.6 trillion in new taxes, where is the $4 trillion in spending cuts? have those been laid out? do we know what they would be? this is over ten years. that would be very achievable if
court of maryland. senator cardin and i recommended judge grimm to president obama with the utmost confidence in his abilities, talent, and competence for the job. and the a.b.a. agreed with us and gave him the highest rating of unanimously qualified. i'd like to thank senators reid and mcconnell for breaking the logjam so that we could bring this to everyone's attention and commend senator leahy for the swift movement through the committee process. i take the -- i've had the opportunity to recommend several judicial nominees, and take my advise and consent responsibility very seriously. i have four criteria. my nominee must have absolute integrity, judicial competence and temperament, a commitment to core constitutional principles, and i ask for a civic engagement in maryland so they're familiar with the lief and -- life and times of the people they will adjudicate over. i mentioned these standards because often i -- i mention these standards often because i mean it. judge grimm does exactly that. he brings the right hard-working values to the bench and the necessary experience, s
, but as secretary geithner said over the weekend, as, i think, president obama conveyed in the interview today with bloomberg tv, he remains confident we can get this done. he remains optimistic that once republicans accept that there is no deal without an acknowledgement and acceptance that rates have to go up on higher end earners that, well, we can find a compromise here that resolves the fiscal cliff and takes a very important step towards the kind of broad balanced deficit reduction package that do enormous good to the economy. the kind of package i should not leave out with targeting investments so the economy continues to grow and create jobs. as i said on occasions, deficit reduction in and of itself is not a goal, but part of the plan that is focused on economic growth and job creation. president's very focused on that. jay? >> just a second ago, you referred to how the debt ceiling, taking it off the table, needs to be part of the deal. you referred to the economy, you called held hostage by the ideological team. you were aware of this, senator obama was against -- >> we addressed th
Search Results 0 to 5 of about 6